Mercosur

Tuesday, March 7th 2023 - 15:06 UTC
Uruguay-China’s FTA is “improving” at a slower pace, President Lacalle says

The President of Uruguay, Luis Lacalle Pou, referred to the Free Trade Agreement (FTA) with China. In an interview with the Argentine radio program “Alguien tiene que decirlo” (Radio Mitre), Lacalle stated that negotiations with Chinese authorities are “progressing”. However, the processes of the Asian country advance at a “slower” pace, the head of the South American Government said.
Monday, February 27th 2023 - 17:42 UTC
Mercosur-EU deal on hold until South American producers follow same protocols, Macron warns

French President Emmanuel Macron once again warned during the weekend that the Mercosur-EU deal would not be ratified until every country involved in it abode by the same set of environmental rules. “When restrictions are imposed on our producers, we must impose them on the food we import,” he underlined.
Monday, February 20th 2023 - 10:36 UTC
US Coast Guard unit arrives in Uruguay

US Coast Guard Cutter USCGC Stone arrived Sunday in Uruguay as part of her South Atlantic tour to reduce illicit maritime activity and conduct joint exercises with Uruguay's Navy. The vessel's deployment seeks to develop partnerships and increase US interoperability with South American nations to combat illegal, unreported, and unregulated fishing.
Friday, February 17th 2023 - 09:22 UTC
Lula, von der Leyen discuss Mercosur deal and deforestation

Brazilian President Luiz Inácio Lula Da Silva discussed Thursday the Mercosur agreement with European Union (EU) President Ursula von der Leyen in a telephone conversation during which both leaders also reviewed the South American country's fight against deforestation, it was reported.
Monday, February 13th 2023 - 10:03 UTC
Mercosur-Singapore free trade agreement coming up?

Under Argentina's pro-tempore presidency, Mercosur will try to clinch a Free Trade Agreement (FTA) with Singapore, according to Palacio San Martín (Foreign Ministry) sources quoted by BAE Negocios. The Alberto Fernández administration is particularly eager to show results, the report also said.
Wednesday, February 8th 2023 - 17:25 UTC
Brazilian minister denies single currency: no death sentence for the Real

Argentina and Brazil are looking at ways to stimulate bilateral trade and investments but not eliminate their own currencies, according to Brazilian Finance Minister Fernando Haddad, who played down the idea of a single shared currency between the two Mercosur partners.
Thursday, February 2nd 2023 - 10:59 UTC
Uruguay cattle breeders fear 'monopoly conditions' as Brazilian companies control most of the beef industry

Brazil's protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.
Tuesday, January 31st 2023 - 10:22 UTC
Argentine migrants flocking into Uruguay at a slower pace

Uruguay processed a total of 7,209 resident visas for Argentine nationals in 2022, a drop of nearly 42% from the previous year, it was reported in Montevideo on Monday.
Wednesday, January 25th 2023 - 18:58 UTC
Lula in favor of Mercosur-China FTA

Brazilian President Luiz Inácio Lula Da Silva said Wednesday in Montevideo that he agreed to open up Mercosur and pursue a free trade agreement (FTA) with China.
Monday, January 23rd 2023 - 18:56 UTC
Uruguay's FTA with China would endanger Mercosur, Vieira says

Brazil's Foreign Minister Mauro Vieira told Folha de Sao Paulo that a possible free trade agreement between Uruguay and China would endanger the future of the South American Common Market (Mercosur). In Vieira's view, such a move would contradict the bloc's integration policies.